Compensation & Benefits
2024-2025 Compensation and Benefits
Salary
PGY-4 — $71,121
PGY-5 — $74,104
PGY-6 — $77,247
Paid Time Off
21 personal days
5 sick days
4 conference days
Educational Sign on Bonus
$2,500 taxable; distributed annually
Insurance – available for all fellows and dependents per hospital policy
- Health
- Dental
- Vision
- Prescription Drug
- Flexible Benefit Spending
- Short Term Disability
- Long Term Disability
- Life Insurance
- Optional Supplemental Insurance
- Professional Liability
Moving Expense Allowance
$1,000 relocation allowance, subject to current tax laws and hospital policy.
Meals
$2,000 annual meal allowance, added to annual salary and paid across 26 pay cycles.
Parking
Free Parking on all Mercy campuses
On-Call Quarters
Provided for each resident when on call and furnished with appropriate amenities.
Recreational Facilities
Free Membership to on-campus fitness center
Additional Benefits
- Retirement Plans
- ACC membership
- Lab coats (2 per 1st academic year and one per year thereafter, ordered through program)
- $1000 Stipend for Personal Lead Protection
- $225 Stipend for Radiation Glasses
- Maternity/Paternity leave
- ACLS/BLS Required certification courses
- Occupational health services
- Work/life services and support through LifeMatters®
- Associate Discount Program
- Access to medical library and computerized literature
- Direct payroll deposit
*All benefits are effective the first day of employment.